Below are the financial statements of True, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of THB | 2024 | 2023 |
|---|---|---|
| Revenues | — | — |
| Revenues from telephone and other services | 187.15a | 152.39a |
| Revenues from product sales | 18.87a | 16.69a |
| Total revenues | 206.02a | 169.07a |
| Costs | — | — |
| Cost of providing services | -125.61a | -104.24a |
| Cost of sales | -19.46a | -17.82a |
| Total costs | -145.07a | -122.07a |
| Gross profit (loss) | 60.95a | 47.01a |
| Other income | 1.78a | 3.98a |
| Selling expenses and distribution costs | -21.24a | -22.56a |
| Administrative expenses | -10.76a | -10.35a |
| Other expenses | -19.7a | -11.65a |
| Finance costs | -22.83a | -20.53a |
| Share of results | 1.02a | 1.37a |
| Profit (loss) before income tax | -10.77a | -12.73a |
| Income tax expense (income) | -0.18a | -1.91a |
| Profit (loss) for the year/period | -10.95a | -14.64a |
| Profit (loss) for the year/period attributable to: | — | — |
| Owners of the company | -10.97a | -14.58a |
| Non-controlling interests | 0.01a | -0.06a |
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